Through Analysis of Sales Data,Price-Cutters Retail Store Found That Customers

question 97

Multiple Choice

Through analysis of sales data,Price-Cutters retail store found that customers who bought peanut butter also tended to buy bananas.Price-Cutters was engaged in

• A) syndicated surveying.
• B) focus group analysis.
• C) behavioral analysis.
• D) data mining.
• E) structured sampling.

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Definitions:

Algorithms

Step-by-step procedures or formulas for solving a problem or performing a task.

Trading of Stocks

The act of buying, selling, or exchanging shares of companies listed on a stock exchange with the aim of generating a profit.

Investments

Assets purchased with the goal of generating income or appreciating in value over time.

Amazon Business

A business marketplace on Amazon providing business-to-business transactions and features like bulk pricing and business accounts.